The Company has received a report that the amount of rehabilitation work required at Taron may be another two days to complete. Grupo AGV, located in Salta City, is the contactor and it will mobilize the necessary equipment to complete the rehabilitation of infrastructure which was destroyed in a series of floods in the past 3years.
The camp for 18 workers should be on site within 5 days and the drill is expected to be on site and running on Feb 29th.
The company plans to drill 29 vertical HQ3 core holes to a planned depth of 75 metres for a total of 2,175 metres in completing a grid style pattern that will test an area of about 1.6 kms2 of the property. The area was drilled in seven previous drill holes in 2009, and the geological model is based on 5,600 metres of trenches and over 6,000 assays from 2005 to 2007. The program is expected to take 50 days to complete.
The Company’s geologists and consultants have decided on the location of the first drill holes TAR-17-1 to TAR 17-11 and shown in Figure 1. This drill sequence is intended to test the geometry and mineralization of the Taron showing its southern 500 metres. The geological model is interpreted as a synclinal fold, the east limb of which may be present for an additional 750 metres to the north. The system at its widest point in the drill grid is estimated to be 375 metres east to west. There are two parallel zones of mineralization close to to the east of the main body that will also be drill tested, which is believed to be the core of a corresponding anticlinal fold.
The system is open to the east, north and south. It is covered by overburden to the east, a distance greater than 3,000 metres, where it disappears under the contact with the Cambrian Puncoviscana shale. This is supported by one pit and 2006 trench excavation near the shale contact that assayed 3,400 ppm cesium. The system has also been trenched to the south of the proposed drill grid where anomalous cesium mineralization was encountered at intervals for over 3 kms.
AGV will use a Boyles 6C Trailer mounted drill rig to minimize the environmental footprint of the work. (Figure 2) The Taron rocks are very friable and the drill program is focused on maximizing core recovery. The vertical holes will be drilled with polymers designed for these types of friable, loosely cemented rock types that should yield a more accurate assay of the cesium values in the drill holes. In addition each drill hole sediment pond will be sampled and assayed to determine if the cesium mineralization is being flushed up to the ponds.
Some holes may be deepened beyond 75 metres subject to onsite study of the mineralization. The holes will also be surveyed by downhole devices but are not expected to have a problem with deviation.
The area of anticipated surface disturbance in total is about 0.16 square kms or less than 10% of the property, and it will be rehabilitated concurrently with the drilling.
Cesium (chemical symbol Cs) is a rare metal best known for its extreme chemical reactivity. Cesium hydroxide forms the start point of myriad end uses, including Cesium Formate (CsCHO2), the industries premium drilling and completion fluid. Cesium Formate is an environmentally benign solution with a high-density and low-viscosity used to control formation pressures and temperatures in drilling of deep oil wells (HPHT). As a dense medium, cesium formate is used to separate DNA and in metallurgical testing and is also well known for artificially produced radioactive isotopes used to treat various types of cancer. Cesium compounds and chemicals are used in photo-emissive devices, experimental magneto-hydrodynamic electricity generation, atomic clocks for telecommunications and GPS navigation systems, catalysts in plastic manufacturing, specialty glasses, ion propulsion rocket motors, high-density alkaline batteries, coatings for solar cells, and petroleum refining. Research continues to generate new applications for cesium compounds.
The Company has retained GeoSim Services Inc. who will act as the Qualified Person (QP) for the program. This news release and its technical content has been read and approved by Dr. David Trueman who is a qualified person acting for the Company.
Figure 1: TARON PLAN VIEW
2017 DRILL COLLAR LOCATIONS
TAR-17- 01 to TAR – 17- 11
Figure 2: BOYLES 6C Trailer mounted core drilling rig
Cascadero Copper Corporation
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